Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Dinar Wont Buy Much DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Dinar Wont Buy Much

Go down

Dinar Wont Buy Much Empty Dinar Wont Buy Much

Post by TLF Thu Apr 25, 2013 7:31 pm

This is an example why the smaller denoms are not out yet see the purchasing power of the dinar.....Iraq also is the one of the largest agricultural producer in the middle east........TLF
Iraq Raises Grain Prices


Posted on 23 April 2013. Tags: crop prices, grain, harvest, rationing, Wheat



Iraq has increased prices it pays to its wheat, barley and rice growers, reports Azzaman.

Kareem Elaywi, a parliamentarian in the Water and Agriculture
Commission, said farmers shipping their produce to government silos will
receive 900,000 dinars for a ton of wheat, 750,000 dinars for a ton of
barley and 1 million dinars for a ton of rice.

He said the new rates were intended to encourage farmers to increase their cultivated areas and yields at the same time.

Last year’s harvest was the biggest since the 2003 invasion, with 3.2 million tons of wheat shipped to government silos.

Iraq imports more than 5 million tons of food every year just to cover its state-run food rationing system.
TLF
TLF
VIP NewsHound
VIP NewsHound

Posts : 748
Join date : 2011-07-25

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum